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Chippy

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Posts posted by Chippy

  1. Clark lathes have a 3/4 inch by 16 tpi  headstock thread, but do check this, axminster chucks are excellent. If you are buying new make sure you buy the jaw carriers that screw onto the chuck, without these you cant mount the various chuck jaws.

    A 4inch chuck will be adequate, dovetail jaws and gripper jaws will give you a good starting setup.

  2. The 25% tax free withdrawal from a pension pot needs a bit of clarifying.

    Lets say you have £100 k in your pot and take out 25% = £25 k. What would you do with this? open an ISA paying 1.5% at best, premium bonds ?

    It's a bit complicated but what you do is to partition the remainder and your tax free lump sum in one pot which effectively leaves you with a pot of 100 k which is what you started with, this is still invested in whatever fund you originally had and still gains interest - or loss.

    When you do get your state pension, lets say this is £8 k, you can then draw roughly £3.5 k to take you up to the limit before tax is paid, to increase  your pension you can then draw from your 25% whatever you want as this is tax free.

    I should say that this only applies to income drawdown and not annuities.

     

    • Like 1
  3. The 3 phase supply is normally connected to whats called a busbar, this carries 4 cables, red,blue and yellow being the ones that carry the power, and black neutral.

    To connect a single phase motor use any of the power cables and the neutral, this should be connected with armoured cable with the armoured part of this providing the earth connection.

    If you do have a busbar you can get connecting boxes that just plug into the busbar and run the cable from this.

  4. I got a cheap one from ebay just to see what they were like and if I would use it, I did use it and it was total crap.

    Upgraded it to the Nextbase 212, one for the front and one rear facing, the quality is just as good as the one above but only has basic functions on the display ie. time and date. 32 gb  micro sd card gives 4 hours recording.

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